Known as the investment capital of the world, London sees all manner of investors choosing to purchase different types of properties and land in the capital. Buy-to-let investors in particular are looking to benefit here and if you are one of them, it’s a good idea to know which areas will best suit you.
One of the most appealing reasons to invest in Ilford is that it will be on the tube map once Crossrail arrives. The new train line will bring with it a massive wave of renters looking for an affordable area with decent connectivity. In addition, thanks to the increasing amount of shops and cafes, the area is being sold as the new Bethnal Green.
The Borough of Hounslow is seeing an ever-growing number of people moving from Twickenham and Isleworth to get more out of their money. Thanks to the area’s proximity to Heathrow and West London, and the close links to the M4 to Oxford and the Cotswolds, it’s become a prime investment destination.
Greenford’s recent regeneration has put it directly on the centre stage. It’s fast becoming a popular commuter hotspot which benefits from excellent transport options and cheap house prices. Not to mention, Greenford is a mere 3.3 miles away from Ealing Broadway, which itself is benefitting from the night tube.
In a similar way Croydon’s regeneration and travelling links have made it a buy-to-let hotspot. It has become a place where more people are living and working, which is creating its own micro-market. Also, the area’s far more affordable in comparison to many other London prices, with the average house costing £401,474 and the average rent being £1,180 pcm.
At Finefair we have a range of dedicated services available for individuals interested in property investment, whether they are targeting the City of London or any other Borough. Our expert team can help you evaluate your portfolio and budget so you make the right investments. If you are interested in our services and would like to know more, we would love to hear from you.